Are there other similar businesses in the area? If so, what makes you different?

Can you improve a product or service that other businesses are offering?

Do you need planning permission?

Why would customers come to you?

Would large companies use your product or service?

3) Writing a business plan

A business plan is a key tool to help you think out and plan your business before you start. Writing a business plan takes you through a series of questions that you may not have considered but are very important in determining whether or not you can run your business and make a profit.

A business plan will enable you to;

Work out WHY you are going into business

HOW you will operate your business

WHERE to source your finance

WHOyour proposed customers will be.

For more information on how LDC can help you to become self-employed contact Liam O Brien at 071-9641770 or liam@ldco.ie